Fund Accounting & Private Equity Role - BFS

Fund Accounting & Private Equity Role

ROLES & RESPONSIBILITIES:

- Knowledge of private equity fund structures designs & hierarchies, Special purpose vehicles, standalone funds, master-feeder funds and the role of each entity in the fund structure.

- Knowledge on the role of Investors- classes, GP class, carry class, Affiliated / Non-affiliated classes.

- Recording investors commitments and knowledge on accounting of initial/subsequent/late closings.

- Processing capital activities i.e. subscription, redemption, transfers, switches. Preparing call and distribution notices, wire details and related schedules. Processing and understanding the role of Master-feeder capital transactions.

- Responsible for booking trading and non-trading transactions and finalizing books of accounts.

- Preparation of monthly/quarterly NAV workbooks and economic allocations, knowledge on PNL rebalancing and European & American waterfall methods.

- Computation of management fees in various periods, preferred returns and carried interest computations.

- Knowledge of various ratios viz. Internal rate of return, Time weighted return, Investment multiple.

- Handling Investor reporting, Fund level reporting and ILPA reporting.

- Interacting with clients on various accounting/operational issues.